It’s the Republic of Ireland v Sweden today and you don’t want to miss this 188BET offer! If Zlatan Ibrahimovic scores at any time during Republic of Ireland v Sweden, 188BET will refund losing pre-match 1 X 2, First/Anytime Goalscorer, Correct Score, Half-Time/Full-Time and Both Teams To Score bets as a free bet, up to a maximum of £25.00. Translated into matched betting terms, this gives us a potential profit of £22.76 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
Qualifying bets must be placed pre-match to be eligible.
Ideally, we need to select a Correct Score that sees the Republic of Ireland keep a clean sheet. This ensures that if Zlatan Ibrahimovic scores, we will automatically be eligible for a free bet refund as our qualifying bet will have lost.
As this offer includes 1 X 2 bets though, I’ve opted to keep my qualifying loss to a minimum by placing my qualifying bet on a Republic of Ireland win. If Ibrahimovic gets on the scoresheet, whilst it’s not impossible, it’s unlikely the Republic of Ireland will go on to win the match.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £24.50…
Place £25.00 on Rep of Ireland @ 3.90 = Potential profit of £72.50
Lay £24.50 on Rep of Ireland @ 4.00 = Potential liability of £73.49
Let’s have a look at our potential profit/loss for the possible outcomes…
| Rep of Ireland win | + £72.50 – £73.49 = £0.99 loss |
| Rep of Ireland don’t win and Ibrahimovic scores | – £25.00 + £24.01 + £23.75 (extract 95% from our £25.00 stake refund) = £22.76 profit |
| Rep of Ireland don’t win and Ibrahimovic doesn’t score | – £25.00 + £24.01 = £0.99 loss |
So, if the Republic of Ireland don’t win and Ibrahimovic scores, we will make a nice profit of £22.76. If the Republic of Ireland do win, or Ibrahimovic doesn’t score, we’ll have made a loss of £0.99. Risking £0.99 to make a profit of £22.76, gives us effective odds of 23.99, so given that the odds of Ibrahimovic scoring are 2.50, this is a profitable offer in the long run.
Stake refunds just need rolling over once at minimum odds of 1.90 or greater before we are able to withdraw. The above calculations are therefore based on the assumption that, by using straightforward matched betting, we should be able to extract 95% cash from our £25.00 stake refund.
To claim our stake refund, we must email the promotion code ‘zlat25’, our bet ID number and our 188BET member code to promo@188service.com using our registered email address by 23:59 (GMT) on Tuesday 14th June 2016. Free bets will be credited within 48 hours of a successful claim being submitted.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.